.jpg)
The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) today reported that in the first half of 2009, five customers have successfully launched trading systems that are based on NASDAQ OMX technology. These include:
- Borsa de Valores de Colombia (BVC) - Colombian Exchange. A new cash equities trading system was delivered, making this the second system NASDAQ OMX has delivered to BVC.
- Indonesia Stock Exchange (IDX). A new trading system was launched enabling trading of all its financial products on a single platform. Products include equities, derivatives, mutual funds and bonds.
- Tokyo Commodity Exchange (TOCOM). A new commodities trading system was successfully rolled out. TOCOM is Japan's largest commodity futures exchange with more than 80 percent market share. TOCOM is NASDAQ OMX's first Japanese customer to operate a system based on its technology.
- Iraq Stock Exchange (ISX). ISX launched its first electronic trading system, where NASDAQ OMX provided equities trading and clearing technology.
- Swiss Exchange (SIX). Swiss Exchange (SIX) has completed its migration to a new trading platform known as ‘SWXess,' based on NASDAQ OMX market technology, enabling trading of all SIX Swiss Exchange products on a single platform.
Through July 2009, a total of 28 customers have purchased services from NASDAQ OMX, including the extension of the trading technology agreement with the Polish Power Exchange, Towarowa Giełda Energii (TGE). In addition, NASDAQ OMX has formed strategic partnerships with Osaka Securities Exchange and Taiwan Futures Exchange. In March NASDAQ OMX signed a migration study agreement with Singapore Stock Exchange for their migration to the GENIUM platform.
“It is gratifying to see diverse markets across the world launching trading systems from NASDAQ OMX, reinforcing our breadth of services, flexibility and international footprint in the exchange technology space,” said Lars Ottersgard, Senior Vice President NASDAQ OMX Market Technology. “We are excited to have partnered with leading exchanges in Asia, allowing us to grow our business and presence in this important and growing area. In the latter half of 2009 we look forward to launching our new commercial trading platform, GENIUM, making it available to customers all over the world.”
